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Staples-Motley board approves donations, disbursements and receipts; reviews fund balances
Summary
The board approved acceptance of $27,543.20 in grants and donations (plus $1,237.12 in-kind), approved October disbursements and receipts, and reviewed fund balances including a General Fund balance of $817,082.56 and reported Debt Service receipts of $975,958.76.
The Staples-Motley School District board on Nov. 17 accepted grants and donations totaling $27,543.20 and in-kind donations of $1,237.12, approved October disbursements and receipts and reviewed fund balances.
Board member Frisk moved, seconded by Wright, to accept the donations and grants; the motion carried. Donors acknowledged in the minutes included Staples Ace Hardware, Ives Family/Timberlake Hotel, LEAP, SM Music Boosters, Staples Lions Club, Lincoln Scandia Valley Lions Club, SM Basketball Boosters, Staples-Motley Arts Council and Kevin Tvedt.
Business Manager Hill presented financial reports. A motion by Reeck, seconded by Trout, approved the October disbursements. Fund balances reported for October included General Fund $817,082.56; Food Service $59,425.52; Community Service $14,914.64; Fund 21 Student Activities $7,469.25. On receipts, a motion by Wright, seconded by Frisk, approved reported October receipts including a Debt Service receipt of $975,958.76 and General Fund receipts of $1,260,604.63.
All recorded motions on donations, disbursements and receipts were carried by the full board present. No expenditures or grants requiring board conditions were recorded in the minutes.
